This volume examines applications of decision analysis in both the public and private sectors. The first part contains applications in natural resources and environmental decision making. Within this context, the contributors use such methodologies as Markov decision processes, multiattribute decision analysis, optimal control theory and a new methodology called management by exception principle that incorporates multiattribute utility theory and dynamic models. The second part is devoted to medical decision making with applications of expected utility optimization, decision support systems, and influence diagrams. Economics and finance constitute an important area of application and part three reviews applications including the use of fuzzy linear programming, intertemporal dynamic asset pricing models, and multicriteria decision making. Part four contains educational applications. The book also presents miscellaneous applications of decision analysis including the use of multiattribute utility theory to evaluate nuclear disposal options and the use of dynamic graphical models to approach the classical problems of maintenance and replacement. The wide and varied range of applications in this volume should help those interested in real world applications of decision analysis and decision making to deal with complex problems.
Applied Decision Analysis
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First Sentence:
Evaluation of the response to the Chernobyl nuclear accident has shown the importance of coherent, harmonised and sensitive emergency management extending both across many countries and many years into the future (International Chernobyl Report, 1991; Karaoglou, 1995). Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
optimal balanced path, constant environmental quality, environmental effect indicator, bounded portfolios, sow model, bucking patterns, fish ban, jaundice management, surplus plutonium, quadratic scoring rule, admissible prices, maximum expected profit, generalized equilibrium, probabilistic diagnosis, proper scoring rule, budget assignment, optimal design problem, compromise programming, goal programming model, technical indexes, data monitoring committee, decision analysis approach, predictive distribution, farm data, possibility distribution Key Phrases - Capitalized Phrases (CAPs): (learn more)
New York, Monte Carlo, Artificial Intelligence, Management Science, Ceramic Greenfield, Madrid Technical University, Operational Effectiveness, The Statistician, Exist Fac, Green Fac, Journal of Mathematical Economics, Logical Decision, Office of Fissile Materials Disposition, Ranking of Alternatives, United States Department of Energy, Department of Statistics, Edward Arnold, Investment Cost, Journal of Economic Theory, School of Informatics, The Journal of Finance, The Limits of Growth, Universidad Carlos, University of Chile New!
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Evaluation of the response to the Chernobyl nuclear accident has shown the importance of coherent, harmonised and sensitive emergency management extending both across many countries and many years into the future (International Chernobyl Report, 1991; Karaoglou, 1995). Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
optimal balanced path, constant environmental quality, environmental effect indicator, bounded portfolios, sow model, bucking patterns, fish ban, jaundice management, surplus plutonium, quadratic scoring rule, admissible prices, maximum expected profit, generalized equilibrium, probabilistic diagnosis, proper scoring rule, budget assignment, optimal design problem, compromise programming, goal programming model, technical indexes, data monitoring committee, decision analysis approach, predictive distribution, farm data, possibility distribution Key Phrases - Capitalized Phrases (CAPs): (learn more)
New York, Monte Carlo, Artificial Intelligence, Management Science, Ceramic Greenfield, Madrid Technical University, Operational Effectiveness, The Statistician, Exist Fac, Green Fac, Journal of Mathematical Economics, Logical Decision, Office of Fissile Materials Disposition, Ranking of Alternatives, United States Department of Energy, Department of Statistics, Edward Arnold, Investment Cost, Journal of Economic Theory, School of Informatics, The Journal of Finance, The Limits of Growth, Universidad Carlos, University of Chile New!
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Front Cover | Table of Contents | First Pages | Back Cover | Surprise Me!
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This book cites 34
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- Decisions with Multiple Objectives: Preferences and Value Tradeoffs by Ralph L. Keeney on page 121, page 144, and page 234
- Computer Studies by C.S. French on page 3, and page 17
- The Practice of Bayesian Analysis by Simon French on page 72, and page 113
- Bayesian Theory (Wiley Series in Probability and Statistics) by José M. Bernardo on page 113, and page 206
- Probability, Induction and Statistics (Probability & Mathematical Statistics) by Bruno De Finetti on page 206
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